Tag: acquisitions
Blackstone Group Sells London Hotel for $382 Million
Blackstone Group has sold the London Hotel in Midtown to a sovereign wealth fund for $382 million, reports the New York Post. The transaction...
Buccini/Pollin Enters Philadelphia Market
Buccini/Pollin has entered the Philadelphia market with a number of acquisitions, including the Omni Hotel Independence Park in Old City. Today, the company expects...
Carey Watermark Acquires Le Meridien Dallas
NEW YORK—Carey Watermark Investors Incorporated (CWI 1) announced that it has acquired Le Meridien Dallas, The Stoneleigh. The historic hotel includes 176 guestrooms and...
W.P. Carey Acquires Six Courtyard Hotels
NEW YORK—W. P. Carey Inc., a real estate investment trust specializing in corporate sale-leaseback and build-to-suit financing, and the acquisition of single-tenant net lease...
Deal Roundup: The Latest Sales and Acquisitions
While the Marriott-Starwood merger may be the most buzzed-about deal this week, the two companies have a long way to go before completing the...